PLTG vs. MSFL

Last updated Jun 4, 2026

PLTG (Leverage Shares 2X Long PLTR Daily ETF) and MSFL (GraniteShares 2x Long MSFT Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, PLTG returned -24.67% vs -25.22% for MSFL. At a 0.46 correlation, their price movements are largely independent. PLTG charges 0.75%/yr vs 1.15%/yr for MSFL.

Performance

PLTG vs. MSFL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long PLTR Daily ETF (PLTG) and GraniteShares 2x Long MSFT Daily ETF (MSFL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLTG achieves a -47.23% return, which is significantly lower than MSFL's -27.69% return.

PLTG

• 1D: -13.32%
• 1M: -9.50%
• YTD: -47.23%
• 6M: -47.68%
• 1Y: -24.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MSFL

• 1D: -6.43%
• 1M: 5.25%
• YTD: -27.69%
• 6M: -26.50%
• 1Y: -25.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PLTG vs. MSFL - Yearly Performance Comparison

	2026 (YTD)	2025
PLTG Leverage Shares 2X Long PLTR Daily ETF	-47.23%	86.53%
MSFL GraniteShares 2x Long MSFT Daily ETF	-27.69%	42.94%

Correlation

The correlation between PLTG and MSFL is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Apr 28, 2025	0.46

Return for Risk

PLTG vs. MSFL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PLTG

PLTG Risk / Return Rank: 8
PLTG Sharpe Ratio Rank: 6
PLTG Sortino Ratio Rank: 11
PLTG Omega Ratio Rank: 11
PLTG Calmar Ratio Rank: 6
PLTG Martin Ratio Rank: 6

MSFL

MSFL Risk / Return Rank: 5
MSFL Sharpe Ratio Rank: 4
MSFL Sortino Ratio Rank: 5
MSFL Omega Ratio Rank: 5
MSFL Calmar Ratio Rank: 5
MSFL Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PLTG vs. MSFL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long PLTR Daily ETF (PLTG) and GraniteShares 2x Long MSFT Daily ETF (MSFL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PLTG	MSFL	Difference
Sharpe ratio: Return per unit of total volatility	-0.24	-0.50	+0.26
Sortino ratio: Return per unit of downside risk	0.34	-0.42	+0.77
Omega ratio: Gain probability vs. loss probability	1.04	0.94	+0.10
Calmar ratio: Return relative to maximum drawdown	-0.36	-0.43	+0.07
Martin ratio: Return relative to average drawdown	-0.62	-0.83	+0.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLTG vs. MSFL - Sharpe Ratio Comparison

The current PLTG Sharpe Ratio is -0.24, which is higher than the MSFL Sharpe Ratio of -0.50. The chart below compares the historical Sharpe Ratios of PLTG and MSFL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PLTG	MSFL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.24	-0.50	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	-0.23	+0.21

Drawdowns

PLTG vs. MSFL - Drawdown Comparison

The maximum PLTG drawdown since its inception was -69.02%, which is greater than MSFL's maximum drawdown of -59.39%. Use the drawdown chart below to compare losses from any high point for PLTG and MSFL.

Drawdown Indicators

	PLTG	MSFL	Difference
Max Drawdown Largest peak-to-trough decline	-69.02%	-59.39%	-9.63%
Max Drawdown (1Y) Largest decline over 1 year	-69.02%	-59.39%	-9.63%
Current Drawdown Current decline from peak	-64.14%	-43.65%	-20.49%
Average Drawdown Average peak-to-trough decline	-30.36%	-21.58%	-8.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.15%	30.61%	+9.54%

Volatility

PLTG vs. MSFL - Volatility Comparison

Leverage Shares 2X Long PLTR Daily ETF (PLTG) has a higher volatility of 36.64% compared to GraniteShares 2x Long MSFT Daily ETF (MSFL) at 19.81%. This indicates that PLTG's price experiences larger fluctuations and is considered to be riskier than MSFL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLTG	MSFL	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.64%	19.81%	+16.83%
Volatility (6M) Calculated over the trailing 6-month period	77.89%	45.23%	+32.66%
Volatility (1Y) Calculated over the trailing 1-year period	103.03%	50.19%	+52.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	106.00%	49.60%	+56.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	106.00%	49.60%	+56.40%

PLTG vs. MSFL - Expense Ratio Comparison

PLTG has a 0.75% expense ratio, which is lower than MSFL's 1.15% expense ratio.

Dividends

PLTG vs. MSFL - Dividend Comparison

PLTG's dividend yield for the trailing twelve months is around 34.37%, while MSFL has not paid dividends to shareholders.

Position	TTM	2025
MSFL GraniteShares 2x Long MSFT Daily ETF	0.00%	0.00%
PLTG Leverage Shares 2X Long PLTR Daily ETF	34.37%	18.14%

Frequently Asked Questions

Can I hold both PLTG and MSFL in my portfolio?

PLTG and MSFL have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLTG or MSFL?

PLTG has higher volatility (36.64%) compared to MSFL (19.81%). In terms of maximum drawdown, PLTG dropped -69.02% vs MSFL's -59.39%.

Which ETF is better, PLTG or MSFL?

On 1-year performance, PLTG leads with -24.67% vs -25.22% for MSFL. On fees, PLTG is cheaper at 0.75% per year. On volatility, MSFL has been the lower-risk option at 19.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PLTG or MSFL?

Over the 1-year period, PLTG has performed better with a -24.67% return vs -25.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PLTG or MSFL?

PLTG is cheaper with a 0.75% expense ratio, compared with 1.15% for MSFL.

Which ETF pays a higher dividend yield, PLTG or MSFL?

PLTG has the higher dividend yield at 34.37%, compared with 0.00% for MSFL.

What is the main difference between PLTG and MSFL?

They also come from different issuers: Leverage Shares and GraniteShares. Their fees differ too: 0.75% for PLTG and 1.15% for MSFL.

Which has better risk-adjusted returns?

PLTG currently has the higher Sharpe Ratio (-0.24 vs -0.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.